Ecommerce offers merchants the unique ability to create highly customized channels to take advantage of customer needs and the product life cycle.
Take the Private Stores feature of Digital River’s Global Commerce platform as an example. Through Private Stores, merchants can create specific shopping experiences and promotions for VIP customers, partners, governmental agencies, and employees.
http://jga.gs/privatestores
2. TODAY’S PRESENTERS
James Gagliardi, VP of Product Strategy, Digital River
• In his role, James is responsible for the strategy behind the
company’s global product roadmap.
• Over 15 years of experience working with some of the world’s most
recognized brands to help them design and implement successful,
global ecommerce channels for both B2C and B2B
Namrata Sinha, Sr. Manager of Global eBusiness, Western Digital
• In her role, Namrata over oversees the development and
implementation of Western Digital’s global ecommerce strategy for
direct-to-consumer
• Experience managing online stores across the globe – North
America, EMEA, and Asia
3. DIGITAL RIVER AT A GLANCE
$390M in 2013 revenue
$31B
annual online
transactions (ttm)
20 years of experience
31 offices around the world
50% revenue outside the Americas
in 2013
1,300+ commerce experts
243
countries and territories
where we do business
200+ payment methods
TRANSACTIONS BY GEOGRAPHY
AMERICAS
51%
EMEA
39%
APAC
10%
TRANSACTIONS BY REGION
OUR CUSTOMERS INCLUDE TOP GLOBAL BRANDS
4. TODAY’S AGENDA
1 WHAT ARE PRIVATE STORES?
PRIVATE STORE CONCEPTS
WESTERN DIGITAL: CASE IN POINT
PLAN STRATEGY & PLANNING
2
3
4
5. PRIVATE STORES
Private Stores enables the segmentation and
targeting of “known” sets of customers and
offer them a custom shopping experience
with differentiated product assortment,
special discounts and merchandising offers.
EMPLOYEES PARTNERS AND
ASOCIATIONS
FRIENDS AND
FAMILY
STUDENTS EVENTSLOYALTY AND
FAN CLUBS
5 - 50% of Revenue
0% 50% 100%
25. WESTERN DIGITAL PRIVATE STORES: CASE IN POINT
• Western Digital wanted a vehicle that
would allow them to target and engage
specific new customer segments
• Needed a capability that would provide the
ability to extend specific promotions and
offers to specific customer segments
without disrupting the rest of their
ecommerce business
• Customized private stores offering special
discounts/pricing to specific customer
segments including:
o Students
o Seniors
o Employees
o Channel Partners
BUSINESS IMPACT:
• Implementing Private Stores has helped Western Digital:
o Avoid channel conflicts
o Easily manage purchase limits
o Create custom pricing discounts
o Strengthen customer relationships
o Tailor promotions to specific audiences
o Regionalize based on business need
PRIVATE STORES IN ACTIONWHY PRIVATE STORES?
28. PLAN STRATEGY AND PLANNING
Students
Teachers and Faculty
Businesses
VARs
Associations / Tradeshows
Military
Government
Non-Profits
First Responders
Social Influencers
VIP Customers
Email Address White List
Email Domain
@company.com
.edu
Unique Identifier
Generic Code
@socialmedia
Referring URL
IP Address
Email Invitation
a.k.a. Friends and Family
Verification
2. AUTHENTICATION RULES1. TARGET MARKETS
29. PLAN STRATEGY AND PLANNING
Product Inclusion / Exclusion
Quantity of products in a given
period of time
Individual products or across all
products in a group
Example: You can buy a limit of 2 of each TV vs.
You can buy a limit of 2 TV’s in a given period.
Time period
lifetime, month, quarter, year or custom.
Minimum and maximum quantity
Example Plan Limit of 10, Line Item of 2. Shopper
would need 5 or more separate orders to reach
maximum.
Branding Approach
Price Discounts
per group, category, or product
Discount approach
Percent Off, Amount Off, specific pricing
Country support
Pricing per currency, shipping costs
4. PRICING PLAN3. PRODUCT STRATEGY